. For the flow of international bond and note issuance it has even slightly overtaken the US dollar in the second half of … 1999. The data also suggest that this early supply of euro bonds by non-euro area residents, clearly exceeding the euro …

studies global bonds to examine the effects of multimarket trading on corporate bond liquidity, prices, and the cost of debt … advantage of global bonds does not fully explain the yield differential. The findings imply that international corporate bond …Global bonds are international securities designed to be traded and settled efficiently in multiple markets. This paper …

The paper provides an analysis of the euro area money and bond markets and their infrastructure since the introduction … notably regarding the bond market which lags behind in terms of liquidity, market completeness and overall size compared to … the US corporate bond market. Analysis of the barriers to integration, which do not seem to be specific to these markets …

prices than their off-the-run counterparts. We examine if the same phenomenon is present in the German government bond market … controlled for. Instead, the highly liquid German bond futures market, whose turnover is many times larger than in the cash … market, leads to significant liquidity spillovers. Specifically, we find that bonds which are deliverable into futures …